Occidental Petroleum shares will be fueled by share repurchases once it completes its asset sales and California Resources spin-off, said Frank Gallagher, portfolio manager for the Visium Event Driven Fund.
Liquid alternatives are seeing huge inflows because individual investors are finally gaining access to traditionally institutional strategies, said James Dilworth, portfolio manager for the S1 Fund.
The natural gas boom in the U.S. is creating a huge backlog for construction projects, said Richard Cavallaro, the new CEO at Skanska USA.
Urban Outfitters posted second quarter earnings of $68 million, or 49 cents a share on revenue of $811 million.
Compass EMP Funds recently launched 4 volatility weighted ETFs for investors seeking a change from purely market capitalization weighted indexes.
90% of consumers plan to do their back-to-school shopping in a physical store this year, said Michael Kercheval, CEO of the International Council of Shopping Centers.
European mortgage-backed bonds are cheap even though Eurozone economies are stalling, said Tracy Chen, portfolio manager for the Legg Mason Brandywine Alternative Credit Fund.
Europe's problems will not sink the U.S. economy because the American recovery is self-sustaining and driven by domestic demand, said Jeff Greenberg, Senior Economist at J.P. Morgan Private Bank.
Geopolitical problems are raising emotions in the market, making it easier to identify short sale candidates, said Dr.
Smartphone shipments at BlackBerry grew 15% in the second quarter from the prior period.